$64,900

307 Watauga Avenue #0

TN, 37604

Description

Property is currently being used as short-term stay in the downtown area of Johnson City. Property is zoned B-3 that allows many different business possibilities. Property has 2 sides. The left side of the property has 5 bedrooms/rooms and 1 bathroom and a common area with microwave for tenants. Right side has a 3 bedrooms/rooms, 1 bathroom and common area with microwave as well. Each tenant has a key to door and their own bedroom. Each bedroom is equipped with a bed, tv and refrigerator. Tenants sign no lease, as rooms are rented week to week for $100.00: which includes power/water and cable as well as linens. Owner states that electric averaged $170.00 a month, for past 6 months. Water averages $71.00 a month, and cable is $160.00 a month. Insurance is $1,500 a year according to Seller. Gas averaged $130.00 a month, for past 6 months. Property has 1 electric meter, and 1 water meter to the property. Property features 2 driveways and a alley behind property. There is also a detached shed for storage. Home is being sold AS IS, WHERE IS. Seller will provided termite treatment if needed-but will not do any repairs. All furniture will convey with the sale of property, with the exception of 2 window air conditioners that are owned by 2 tenants. Property needs some attention, but is priced $36K below tax assessment.

Details

MLS#424666
Sub-TypeResale
StatusActive
Year1920
Days On Site141

Features

Building(s)1

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Area Information

StateTN
CountyWashington
Zip Code37604
Area304 - SW Johnson City
Listing VS Median (in 37604)
Price:
$64,900
low | high
Med:
$199,900
100% of Average
On Site:
141
low | high
Med:
58
100% of Average
Listing Updated: 12/06/2019
MLS Number: 424666
Listing Provided By:
DONNA A SARTIN  of  CENTURY 21 LEGACY

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